Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

SSE becomes last of Big Six energy firms to raise standard tariff

SSE news

SSE has joined the rest of the “big six” in raising its standard variable energy tariff to meet Ofgem’s latest price cap.

The supplier’s 10.22% increase from April 1 will see the typical customer on a standard tariff pay £117 more a year to reach £1,254.

The increase will affect around 2.1 million SSE customers, while those remaining on standard tariffs with all big six companies will potentially pay a collective £1.29 billion more for their energy.

SSE’s typical dual fuel Pay As You Go customer will see their prices increase by around £106 a year, or a total of £1,242.

Tony Keeling, SSE’s chief operating officer and co-head of retail, said: “We regret having to raise prices but with wholesale costs having steadily increased, as shown by Ofgem’s calculations, we need to pass these on in our prices.”

SSE follows British Gas and Scottish Power this week and E.ON, EDF and npower last week in raising the cost of their standard plans to an annual average of £1,254 – the level of the regulator’s latest price cap.

Ofgem announced on February 7 that it would increase the price cap for default and standard variable gas and electricity tariffs by £117 to £1,254 a year from April 1 due to hikes in wholesale costs.

The watchdog said previously those affected would still pay a “fair price” for their energy as the increase reflects a genuine rise in underlying wholesale costs, rather than provider profiteering.

Alex Neill, Which? managing director of home services, said: “Inevitably, SSE has fallen in line with the rest of the big six.

“Two in five UK households will now be collectively hit with a billion pound price hike when their energy bills increase on April 1.

“This is a huge blow for those who thought they would be protected by the regulator’s price cap. Anyone staring down the barrel of this sharp rise should look to switch to a better deal now – before their bills go up.”

Recommended for you


More from Energy Voice

Latest Posts